Fair call Brabus and you are right to be sceptical - it may be a ploy but they have not announced a gusher and there will obviously be a lot of work to do (and money to spend) before they know if they have a useable resource or just a tar pit!
Perhaps the JV partner they secure (Assuming they get one) will give a clue as to how credible the broader industry sees the find?
Still a hold for mine (even though I do not hold personally) just to make sure that it is NOT a P & D!!
Cheers
Cabe
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
